Poor dad wanted me to specializeThat was his view...
Poor dad wanted me to specializeThat was his view on how to be paid moreEven after being told by the governor of Hawaii that he could no longer work in state government, my educated dad continued to encourage me to get specializedEducated dad then took up the cause of the teachers union, campaigning for further protection and benefits for I these highly skilled and educated professionalsWe argued often, but I know he never agreed that overspecialization is what caused the need for union protectionHe never understood that the more specialized you become, the more you are trapped and dependent on that specialty
Rich dad advised that Mike and I "groom" ourselvesMany corporations do the same thingThey find a young bright student out of business school and begin "grooming" that person to someday take over the company chanel pearl necklace So these bright young employees do not specialize in one department; they are moved from department to department to learn all the aspects of business systemsThe rich often "groom" their children or the children of others By doing so, their children gain an overall knowledge of the operations of the business and how the various departments interrelate
For the World War II generation, it was considered "bad" to skip from company to companyToday, it is considered smart Since people will skip from company to company, rather than seek greater specialization, why not seek to "learn" more than "earn In the short term, it may earn you less In the long term, it will pay off in large dividends
The main management skills needed for success are:

1The management of cash flow
2The management of systems (including yourself black spy bag and time with family)The management of people

The most important specialized skills are sales and understanding marketingIt is the ability to sell--therefore, to communicate to another human being, be it a customer, employee, boss, spouse or child-that is the base skill of personal successIt is communication skills such as writing, speaking and negotiating that are crucial to a life of successIt is a skill that I work on constantly, attending courses or buying educational tapes to expand my knowledge
As I have mentioned, my educated dad worked harder and harder the more competent he becameHe also became more trapped the more specialized he gotAlthough his salary went up, his choices diminishedSoon after he was locked out of government work, he found out how vulnerable he really was professionallyIt is like mulberry vintage professional athletes who suddenly are injured or are too old to playTheir once high-paying position is gone, and they have limited skills to fall back onI think that is why my educated dad sided so much with unions after thatHe realized how much a union would have benefited him
Rich dad encouraged Mike and me to know a little about a lotHe encouraged us to work with people smarter than we were and to bring smart people together to work as a teamToday it would be called a synergy of professional specialities
Today, I meet ex-schoolteachers earning hundreds of thousands of dollars a yearThey earn that much because they have specialized skills in their field as well as other skillsThey can teach as well as sell and marketI know of no other skills to be more important than selling as well as marketingThe skills of selling and chanel earrings marketing are difficult for most people primarily due to their fear of rejectionThe better you are at communicating, negotiating and handling your fear of rejection, the easier life isJust as I advised that newspaper writer who wanted to become a "best-selling author," I advise anyone else today Being technically specialized has its strengths as well as its weaknesses I have friends who are geniuses, but they cannot communicate effectively with other human beings and, as a result, their earnings are pitiful I advise them to just spend a year learning to sellEven if they earn nothing, their communication skills will improveAnd that is priceless
In addition to being good learners, sellers and marketers, we need to be good teachers as well as good studentsTo be truly rich, we need to be able to give as well as to vintage rolex watch receiv